How to set abandon rate for oil forecasting
You need to set up the abandon rate or max life for production forecasting before create a new fit curve.
Longyun Xu
|
7 steps
|
20 seconds
1
Click Options menu of "R3 Graphics"
2
Click "Preferences"
3
Click "Oil"
4
Change Abandon Rate Volume to 1 from 0.01
5
If the template has oil data in weight, need to change Abandon Rate Weight.
6
Change it into 0.1 from 1
7
Click "Save & Close" button
information ordinal icon
Great! You've successfully changed abandon rate!